This just screams link bait and spam.
Just look at the domain: "howtohft.blogspot.com".
1) Post fake "how I built X startup to do X" post, add juicy terms like "bootstrapped" and "college".
2) Post on HN
3) ????
4) Profit.
How I Built a Startup High Frequency Trading Firm
11–20 of 35 posts
Re: How I Built a Startup High Frequency Trading Firm
#12This just screams link bait and spam. Just look at the domain: "howtohft.blogspot.com". 1) Post fake "how I built X startup to do X" post, add juicy terms like "bootstrapped" and "college". 2) Post on HN 3) ???? 4) Profit.
I don't see any step 3 - what's he selling?
Re: How I Built a Startup High Frequency Trading Firm
#13Yeah, this doesn't smell right. There are two posts on the blog as of my reading. Neither has much content and they do not sound like someone who has actually been through this.
This does not sound like someone who is really looking to share information. It is too superficial.
Re: How I Built a Startup High Frequency Trading Firm
#14I think HFT is quite hard and challenging for individuals. I won't feel comfortable trading huge amounts of money that can disappear in a second because of an algo mistake. I'm looking for some tutorials and may be strategies to make money from Forex. Anyone know a good blog or book?
Haven't read it yet, but it's sitting in my to-read statck:
http://www.amazon.com/Quantitative-Trading-Build-Algorithmic...
Sounds like just an intro. Some of the other books Amazon recommends on that page might be worth checking out too.
Re: How I Built a Startup High Frequency Trading Firm
#15I think HFT is quite hard and challenging for individuals. I won't feel comfortable trading huge amounts of money that can disappear in a second because of an algo mistake. I'm looking for some tutorials and may be strategies to make money from Forex. Anyone know a good blog or book?
I looked into Forex a while back and came across http://www.babypips.com/, which seems like a pretty thorough introduction/guide for beginners.
Re: How I Built a Startup High Frequency Trading Firm
#16This just screams link bait and spam. Just look at the domain: "howtohft.blogspot.com". 1) Post fake "how I built X startup to do X" post, add juicy terms like "bootstrapped" and "college". 2) Post on HN 3) ???? 4) Profit.
I don't see any step 3 - what's he selling?
Don't see the obvious (4) profit part yet either, so (3) must be extra mysterious.
Re: How I Built a Startup High Frequency Trading Firm
#17the posting really doesn't have much meat. pretty vague, not that much specific information. i was hoping for something a little more in depth... does this blog remind anyone else of one of those "how to make money fast at home" advertising thingies you see in pop ups?
It's an introductory post for a new blog. Obviously the author intends to go into much more detail in future posts.
Re: How I Built a Startup High Frequency Trading Firm
#18Yeah, this doesn't smell right. There are two posts on the blog as of my reading. Neither has much content and they do not sound like someone who has actually been through this. This does not sound like someone who is really looking to share information. It is too superficial.
The first post was an introduction. The second was a nice overview of how to structure your trading system. It brought up points I've never thought of.
He did say more detail was coming in future posts. I'm not sure what you're expecting; this doesn't seem oriented towards developing models or trading strategies per se, but rather all the ancillary things that goes into building a HFT startup, including the execution of those strategies. Which was what the second post was about.
That is far more useful, since there is enough How-To-Be-A-Quant literature out there.
Re: How I Built a Startup High Frequency Trading Firm
#19I'd be interested to know which firm, and to see the post mortem about why they went out of business first.
Re: How I Built a Startup High Frequency Trading Firm
#20Interesting. Even though my personal opinion on HF trading is that it is a disease that is at the core of rotting out our financial system.